With graduation season over, many college grads are embarking on summer internships or their first full-time jobs. Navigating your finances when you start adult life can be challenging, from understanding your health insurance and benefits to managing a budget. Finding a job is often the first hurdle, so if you've accomplished that, take a moment to be proud of yourself.
Also known as an HSA, these let you set aside pre-tax money to pay for medical expenses, which can help you cut out-of-pocket costs when you visit the doctor. Emergencies are tough to prepare for because you never know when they will happen and how expensive they will be. However, it’s a good practice to have an emergency fund that will alleviate some of the financial burden if something goes wrong.
Source: Loan Digest (loandigest.net)
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